GREY:RNKLF - Post by User
Post by
hedgeron Sep 20, 2018 12:18pm
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Post# 28656277
Why sell now?
Why sell now?You can bet most long term shareholders are still in a “loss” position after years of seeing the float rise to almost 400 million. RNX was pretty well toast at 0.07 and then a “miracle find”. So now there is hope for sure but still trepidation I am sure with most of the long time shareholders who have been simply battered by this company. Insiders were buying for years at much higher prices too.
Lots of mindless rhetoric out there pumping the “world’s” greatest find. We are a long ways from that and of course we all hope all is legit and we do have a motherlode.
If this is the case RNX just witnessed a real miracle and escaped from the hell of bankruptcy.
I am a long term shareholder unfortunately and would never have averaged down before the “nugget” find especially being disappointed with management time and again.
Keep praying everyone.....